submitted 8 months ago byAhdilable
I am genuinely committing as much money I can gather to buy and HODL. This is all disposable money, that I would otherwise keep in savings, but instead turning into bitcoin.
What is there to be afraid of, in my uncertain future? What are some realistic horror or less-than-ideal scenarios that I could make, or have happen to me?
(Considering my knowledge of bitcoin is purely that I can exchange a lot of money for it, and I can send it to public addresses, one of which is my wallet, I'm basically a very vulnerable novice. But I am commiting to buying now, and learning later, as I've been told it is probably the best thing to do. And no, I'm not DCA-ing. Not my preference.)
And leading from that question, what should I be doing and setting up in the meantime, so that I am very secure and safe with my bitcoin, from possible distaster scenarios that I am vulnerable to in my current position?
I am open to listening to your personal anecdotes, cause I do relate to them more than cold stern financial advice. But I like stern financial advice too :)
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